"Intel is canceling work on its next chip for desktop computers, the latest sign of technical difficulties at the semiconductor company," according to the Wall Street Journal [paid sub req'd].
"People familiar with the situation said that the company will announce Friday that it is scrapping Tejas, Intel's code name for a forthcoming microprocessor, because of problems that are believed to include the chip's power consumption. Tejas was expected to be introduced in late 2004 or early 2005 and succeed Prescott, another internal name for a version of the Pentium 4 chip introduced in February. Engineers working on the Tejas design will be shifted to other chip projects, these people said."
Reuters is also running the story.
